College grads: $24,000 in debt

Student loan debt is on the rise, and fewer graduates are getting jobs to pay back what they borrowed.
College seniors who graduated last year owed an average of $24,000 in student loan debt, up 6% from the year before, according to a report from the Project on Student Debt. The data, released on Thursday, […]

Apple sales top $20 billion - a new record

Apple’s wildly popular gadget lineup propelled the company to a new all-time sales record of $20 billion, Apple said Monday as it announced its fourth-quarter results.
Calling himself "blown away" by the results, Apple CEO Steve Jobs promised more magic to come: "We still have a few surprises left for the remainder of this calendar […]

ClearEdge raises $10 million

ClearEdge Power Inc., one of the rising stars of Oregon's green economy, has raised $10 million, according to a new filing with the U.S. Securities and Exchange Commission.
The fundraising round included debt and options. The company, which makes fuel cells for small businesses and residential homes, has attracted strong backing from the venture capital community.
Last […]

People on the Move: Oct. 12

Shabrin Haque has joined Horizon Health Services to oversee its new adolescent psychiatry program. The program is designed to aid in the treatment of adolescents who have chemical-addiction and mental-health issues. She spent the past three years as part of the Rapid Pediatric Psychiatry Consultations at University Psychiatric Practice at the University at Buffalo.
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Valerie Cronin […]

Wells Fargo: No halt to foreclosures

Wells Fargo said Friday it has no plans to adopt a foreclosure moratorium despite Bank of America’s decision today to halt all foreclosures.
“Wells Fargo is not planning to initiate a moratorium on foreclosures. Our affidavit procedures and daily auditing demonstrate that our foreclosure affidavits are accurate,” said Wells Fargo spokesman Chris Hammond. “As a standard […]

SAMMinistries moves closer to goal of paying down Haven for Hope expenses

SAMMinistries has neared the $800,000 mark in donations in response to a challenge grant issued by philanthropists Rex and Deborah Amini.
The Aminis announced in early August that they would match up to $250,000 raised through Sept. 30 to support the homeless ministry’s operations.
As a result of the contributions raised by the Aminis and local donors, […]